Nova Ltd. (NASDAQ:NVMI) Given Average Recommendation of “Moderate Buy” by Analysts

Nova Ltd. (NASDAQ:NVMIGet Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the ten brokerages that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $545.50.

Several research firms recently commented on NVMI. Morgan Stanley set a $494.00 price target on shares of Nova in a report on Thursday, May 14th. Jefferies Financial Group increased their price objective on shares of Nova from $520.00 to $640.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Zacks Research lowered shares of Nova from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 14th. Citigroup increased their price target on Nova from $520.00 to $595.00 and gave the company a “buy” rating in a report on Friday, May 15th. Finally, Weiss Ratings raised Nova from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 14th.

View Our Latest Report on NVMI

Insider Activity at Nova

In related news, Director Yaniv Garty sold 366 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $581.20, for a total transaction of $212,719.20. Following the transaction, the director directly owned 2,006 shares of the company’s stock, valued at approximately $1,165,887.20. The trade was a 15.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Sarit Sagiv sold 454 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $536.52, for a total value of $243,580.08. Following the completion of the transaction, the director owned 1,951 shares of the company’s stock, valued at approximately $1,046,750.52. This represents a 18.88% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 4,832 shares of company stock worth $2,638,410. 1.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Nova

A number of large investors have recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC acquired a new position in Nova in the 4th quarter worth $29,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Nova during the third quarter worth about $40,000. CIBC Private Wealth Group LLC lifted its stake in shares of Nova by 75.7% in the third quarter. CIBC Private Wealth Group LLC now owns 130 shares of the semiconductor company’s stock worth $42,000 after acquiring an additional 56 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in shares of Nova by 2,042.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 150 shares of the semiconductor company’s stock worth $48,000 after acquiring an additional 143 shares in the last quarter. Finally, TD Private Client Wealth LLC purchased a new position in Nova in the fourth quarter valued at about $74,000. 82.99% of the stock is owned by institutional investors and hedge funds.

Nova Stock Performance

Shares of NVMI remained flat at $470.14 during mid-day trading on Friday. 856,611 shares of the company traded hands, compared to its average volume of 553,270. Nova has a twelve month low of $232.73 and a twelve month high of $615.99. The business has a fifty day moving average of $519.81 and a 200-day moving average of $462.73. The company has a market cap of $14.94 billion, a PE ratio of 58.62, a PEG ratio of 3.41 and a beta of 1.74.

Nova (NASDAQ:NVMIGet Free Report) last issued its earnings results on Thursday, May 14th. The semiconductor company reported $2.33 earnings per share for the quarter, beating analysts’ consensus estimates of $2.20 by $0.13. The firm had revenue of $235.31 million for the quarter, compared to analysts’ expectations of $227.02 million. Nova had a return on equity of 21.77% and a net margin of 29.21%.The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter last year, the firm earned $2.18 earnings per share. Nova has set its Q2 2026 guidance at 2.340-2.480 EPS. Research analysts forecast that Nova will post 9.44 earnings per share for the current year.

Nova Company Profile

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Nova Measuring Instruments Ltd (NASDAQ: NVMI) develops and supplies advanced metrology and process control systems for the semiconductor manufacturing industry. The company’s core product line includes spectroscopic ellipsometry and scatterometry tools designed to measure film thickness, critical dimensions, overlay alignment and other key parameters that drive yield and performance in integrated circuit fabrication.

Founded in 1993 and headquartered in Rehovot, Israel, Nova Measuring Instruments has established itself as a critical partner to leading semiconductor foundries and device manufacturers.

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Analyst Recommendations for Nova (NASDAQ:NVMI)

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